British American Tobacco

British American Tobacco to pay over US$600m for violating US sanctions on North Korea

British American Tobacco (BAT) agreed to pay over US$600 million to settle allegations that it sold cigarette materials to North Korea for a decade in breach of United States sanctions, the US Justice Department announced yesterday. This is the harshest action ever taken by US authorities against a company for violating North Korean sanctions, with BAT’s Singapore subsidiary agreeing to…